Komori Corporation
Basic Information
- Stock Code
- 6349
- Industry
- Machinery
- Category Detail
- Manufacturing Machinery & Electrical Equipment
- Prefecture
- Tokyo
- Establishment Year
- December 1946
- Listing Year
- April 1983
- Official Website
- https://www.komori.com/
- TSE Information
- TSE Information
- Yahoo! Finance
- Yahoo! Finance
- Other Companies
- Nihon Ritec, Meisei Kogyo, Toami, Zuiko, Tokyo Kikai Seisakusho, Mimaki Engineering, Helios Techno Holdings, Musashi, MUTOH Holdings
Overview
Komori Corporation is a major printing machinery manufacturer founded in 1946, holding a monopoly in the domestic banknote printing press market and serving as a leading company in the machinery industry.
Current Situation
Komori Corporation recorded consolidated sales of approximately ¥87.6 billion and net assets of ¥103.3 billion in 2023, boasting a solid revenue base. Its flagship offset printing machines hold the top market share domestically, and as the sole domestic banknote printing machine manufacturer, it has earned high trust. Through technological innovations like the H-UV printing press launched in 2009, it has further strengthened its competitive edge in the industry. Overseas, it has established bases in the UK, US, China, and other locations to build a global sales network. The company actively pursues sustainability via environmentally considerate product development, ISO 14001 certification, investments in factory consolidation, and new technology R&D. Moving forward, it plans to advance digitalization and advanced printing technologies while maintaining and expanding demand for domestic and international banknote printing through a growth strategy. Leveraging its stable financial foundation, it is focusing on new business areas to achieve sustainable corporate value enhancement.
Trivia
Interesting Facts
- Known as the sole domestic banknote printing machine manufacturer
- Leads the industry with H-UV printing technology
- Founded in 1923, with Komori Machinery Works as predecessor
- Unique company fielding a corporate team in the New Year Ekiden
- Delivered banknote printing plants to numerous overseas government agencies
- Announced proprietary H-UV printing press in 2009, expanding market
- Owns many service bases and factories domestically
- Received numerous design awards for printing machinery over the years
- Banknote printing deliveries not only to Japan but also India and Nigeria
- Focuses on environmental management with ISO 14001 certification
- Transferred to Tokyo Stock Exchange First Section in 1984
- Selected for Global Niche Top 100 Companies
- Operates numerous subsidiaries domestically and overseas for diversified expansion
- Belongs to high-share printing and papermaking machinery segment in industrial machinery
- Paid-in capital exceeds ¥37.7 billion, supporting stable finances
Hidden Connections
- Maintains deep ties with financial institutions and government agencies through banknote printing equipment deliveries to the government
- Advances R&D through collaborations with technology-related companies outside the printing industry
- Holds extensive domestic and overseas patents, possessing industry-top intellectual property in printing press technology
- Promotes employee health and corporate image enhancement via New Year Ekiden corporate team participation
- Accelerates global expansion by establishing multiple local subsidiaries with sales and service bases overseas
- Strong connections with government certification industries through banknote printing system development
- Many related stock names are industrial machinery and materials/chemical companies with business collaborations
- Strengthens environmental features in printing presses and collaborates with ISO-certified companies
Future Outlook
Growth Drivers
- Stable demand for domestic and international banknote printing presses
- Development and adoption of advanced digital printing technologies
- Product evolution toward reduced environmental impact
- Expansion of overseas markets centered on Asia
- Promotion of IoT compatibility and smart features in printing presses
- Growing needs for manufacturing site automation
- Strengthened initiatives for sustainable society realization
- Expansion into secure printing markets beyond banknotes
- Shift to high-value-added products
- Expansion of related service businesses
- Investments in supply chain resilience
- Increasing demand for long-life, high-performance printing presses
Strategic Goals
- Maintain domestic monopoly in banknote printing presses and expand overseas markets
- 70% or more ratio of environmentally regulatory-compliant products
- Achieve sales exceeding ¥100 billion
- 30% sales ratio from new businesses and digitalization ventures
- Expansion of global operation bases
- Complete digitalization of manufacturing processes
- Continued increase in R&D investments
- Advanced promotion of work-style reforms and talent development
- Maintain high customer satisfaction and enhance brand value
- Strengthen coexistence and co-prosperity with local communities
Business Segments
Printing Machinery Manufacturing and Sales
- Overview
- Provides high-quality printing machinery, related equipment, and services primarily to the printing industry.
- Competitiveness
- Domestic monopoly in banknote printing presses and advanced technological capabilities
- Customers
-
- Printing companies
- Publishing companies
- Banknote printing bureaus
- Stationery manufacturers
- Advertising agencies
- Packaging printers
- Publishing printing factories
- Commercial printers
- Government agencies
- Defense-related companies
- Products
-
- Offset printing presses
- Banknote printing presses
- Specialty printing presses
- Post-printing finishing equipment
- Printing management software
Maintenance and After-Sales Service
- Overview
- Offers comprehensive services for maintaining machine operation and improving performance.
- Competitiveness
- Global service network and technical support
- Customers
-
- Domestic and overseas printing operators
- Banknote printing bureaus
- Printing machinery sales agents
- Service providers
- Products
-
- Machine inspection services
- Repair and parts replacement
- Operation training
- Upgrade services
Banknote and Certificate-Related Systems
- Overview
- Delivers highly reliable machinery and systems essential for banknote and certificate production.
- Competitiveness
- High security and reliability
- Customers
-
- Central banks
- Mints
- Government certification agencies
- Products
-
- Integrated banknote production plants
- High-security printing systems
- Certificate printers
Manufacturing Technology Development and Research
- Overview
- Advances R&D on innovative printing machinery and production technologies.
- Competitiveness
- Top-tier R&D capabilities in the industry
- Customers
-
- In-house development divisions
- Research institutions
- Industry-academia collaboration partners
- Products
-
- New printing technology development
- Production efficiency improvement solutions
- Environmentally friendly technologies
Overseas Market Support
- Overview
- Supports global expansion with localized sales and services.
- Competitiveness
- Multinational sales network and responsiveness
- Customers
-
- Overseas printing companies
- Local agents
- Overseas service bases
- Products
-
- Local sales support
- Technical support
- Customized products
Competitive Advantage
Strengths
- Sole domestic banknote printing machine manufacturer
- Long years of technology accumulation in the printing machinery field
- High product customization capabilities
- Global sales and service network
- Strong financial base
- Environmental management system via ISO 14001 certification
- High product reliability and performance
- Diverse printing machinery lineup
- Long-term trusted relationships with customers
- Robust quality control system
- Comprehensive domestic and overseas service bases
- Sustainable manufacturing processes
- Stable leadership from management
- Extensive patent portfolio
- Technical support by specialized engineers
Competitive Advantages
- Secured monopolistic position in domestic banknote printing market for stable revenue
- Successful development of proprietary printing technologies like H-UV
- Meets diverse market needs with broad product lineup
- Enhanced international competitiveness through overseas bases
- Improved customer satisfaction via superior after-sales service
- Efforts to reduce environmental impact in manufacturing processes
- Stable orders based on long-term customer relationships
- High evaluation for product quality and reliability
- Rapid issue resolution by specialized engineer teams
- Market risk diversification through multi-country operations
- R&D investments leveraging capital strength
- Advanced printing technologies and digitalization capabilities
- Reduced failures through stringent quality control
- Integrated provision of production processes including papermaking machinery
- High brand recognition and industry trust
Threats
- Intensifying price competition from overseas manufacturers
- Declining demand due to digitalization in the printing industry
- Risks from fluctuations in raw material prices
- Revenue impacts from exchange rate fluctuations
- Risks of delays in new technology development
- Increased capital investment burden from stricter environmental regulations
- Decreased overseas sales due to global political risks
- Supply chain disruption risks
- Declining production capacity due to labor shortages
- Suppressed capital investment amid economic downturns
- Emergence of competitors in emerging markets
- Risk of engineer talent outflow
Innovations
2025: Strengthening Orders for US Dollar Banknote Printing Presses
- Overview
- Expanded scale by receiving orders for multiple banknote printing systems for the US Bureau of Engraving and Printing.
- Impact
- Strengthens revenue base as the sole domestic banknote printing machine provider.
2023: Advancement of H-UV Printing Technology
- Overview
- Evolved existing H-UV technology to improve printing quality and environmental performance.
- Impact
- Contributes to market share expansion and customer satisfaction improvement.
2022: Introduction of Smart Maintenance System
- Overview
- Enhanced operation monitoring and preventive maintenance for printing presses using IoT technology.
- Impact
- Achieves downtime reduction and operational efficiency improvement.
2024: Promotion of Environmentally Friendly Product Development
- Overview
- Launched new series of printing presses incorporating energy-saving materials and processes.
- Impact
- Meets customer needs for reduced environmental impact.
2021: Integration of Overseas Production Bases
- Overview
- Implemented cost reductions through overseas factory rationalization and capacity expansion.
- Impact
- Contributes to enhanced global competitiveness.
Sustainability
- Continuous maintenance and expansion of ISO 14001 certification
- CO2 emissions reduction in manufacturing processes
- Waste recycling rate improvement plan
- Development and promotion of energy-saving printing presses
- Promotion of employee environmental education programs